Consolidate daughters College Loans
Hi Terri! My daughter just graduated with the Doctorate in PT and has about 100k in student loans. Her loans consist of multiple subsidized and non-subsidized loans at all various percentages. They range from 9% to 2%. She still needs to pass boards so she is not working yet. Is there a way she can consolidate her loans to pay a lower interest? Or, what is the best way to handle to handle these loans>
Terry Says
She will have several options, and you’ll likely need advice on that. I’m not sure if her career will qualify her for Public Service Loan Forgiveness. And since she just graduated, for sure she will qualify for an income-based repayment plan.
And she will want to guard those low-rate loans.
Might want to reach out to my student loan expert, Rae Kaplan at https://www.financialrelief.com/ For a fee, you’ll get the best advice for her, and it could save her a fortune.
The rules have changed so quickly that I hesitate to make any standard suggestions these days!
